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Anonymous

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Hasbro says Coronavirus could affect Toy Production

Anonymous Sun 08 Mar 2020 18:07:06 No.8037414 View View Report

Quoted By:

>“The coronavirus outbreak continues to be fluid and uncertain, making it difficult to forecast the final impact it could have on our future operations. If our business experiences prolonged occurrence of adverse public health conditions, such as the coronavirus, we believe our business could be substantially harmed.”

>“Given that our toy manufacturing is conducted by third-party manufacturers, the majority of whom are located in China, health conditions, such as the coronavirus, and other factors affecting social and economic activity in China and affecting the movement of people and products into and from China to our major markets, including North America and Europe, as well as increases in the costs of labor and other costs of doing business in China, could have a significant negative impact on our operations, revenues and earnings.”

https://news.hisstank.com/2020/03/08/hasbro-sec-filing-eone-paramount-pictures-covid-19-and-more-68289

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